The Times is continuing its fortnightly series of briefings to coincide
with Target Two Point Zero, the Bank of England’s competition for
sixthformers.

A-level students are asked to take on the role of the Bank’s Monetary Policy
Committee, deciding how interest rates should move to keep inflation on
course to meet the 2 per cent target in the medium term.

This week we look at the possibility of a triple-dip recession.

What is a triple-dip recession?

Britain has fallen into recession — defined as two consecutive quarters of
negative growth — twice since 2008 without returning to a period of robust
growth